Retracement strategy, a must for traders.
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...

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I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark...
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
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Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
32 comments:
Good morning Ilango sir,
Sir can I read the entry points of tatasteel as between LEMA 604 of day data and LEMA of hourdata 607 and the targets as High EMA OF DAY with the low 602 as SL? Also as Nifty is still in uptrend we might find a support at the day Low EMA? Please Clarify.
Prediction for today : most probably nifty will breach 5200 and close significantly lower than day's high.
Dear Ilango,
As you mentioned "So even if a correction sets in either from Monday or Tuesday, the maximum fall may be upto 5100." Observation below,
On 26'th Feb means on the 1st day of this series Mar.5100 PE High was 292.80 and O.I. was 13,12,500
When the premium was 200 O.I. was 15,00,000
On 3rd March the premium was 100 and O.I. was 26,00,000. From 3rd March up to date it hardly traded above 100 and to day its O.I. is 65,31,600, means almost 40,00,000 O.I.added from 3rd march to date and between 100 to 50 price range.
GM Ilango,
Please suggest the link explaining how to trade with VAH, POC & VAL.
Regards and God Bless
Good Morning ilang sir and other blogmates
-arpit
Good Morning all!
good morning...on time today
sir & family
GM
@rm
thnx iou patiala peg..
@manu
:)
Good Morning to Illango Sir and other blogmates.
sir
i did asked hw much weightage u gv 2 $ index in ur analysis(conservative)or as compared 2 ur critics
Hi Ilango.. I sent u an alternative chart (Nifty Bullish View.
Please feel free to comment.
For the benefit of theres you can view
when2buy.blogspot.com - comments welcome
Sir,
How is your health?. First health then only Blog or market:) otherwise we will miss you longer time. You have given enough enough. so take rest :)
Good Morning to Ilango Sir and other blogmates.
GM Ilango and Blogmates. We are missing Anandan
Health is Gods's gift.
@paresh are your daily levels based on random speculation or some TA..yest u said we will breach some 5100 now we will breach 5200..
5100 PE shed 125000 O.I. in first 45 minutes. Up side limited? Let us see.
Or smart ones are reversing their positions? will have observe too.
@Mynac
A laymen doubt, may be the same people exiting 5100 PE and writting 5200 PE?, is it possible or not?
yest Sesagoa still continuing it hasnt hit sl nor target.
Nifty i think sell on rise.
views welcome.
BREAKING NEWS
DOW AND S&P TRADING INDIA!!
my nights will be productive now ...
Cheers
Dear Blogmates,
In MarketCalls Blog, there are somany code formula given in .afl form for Amibroker software...But from therefrom which formula should be applied is very confusive. If any one have good formula giving buy and sell signals for intraday purpose, please let me know about it. This is may help to all the uses of amibroker software...
-arpit
@anuj was announce 2 days back..ya we can trade fut on both once approvals r done from sebi...also hangseng etf will begin trading next week
@ Wallace,
http://tradeinniftyonly.blogspot.com/2010/03/market-ptrofile-to-sharpen-your-trades.html
@ Manu,
My critic finds a lot of co-relation to $ index. However, I do not track it very much. Our own market gives enough indications. Often, the fault lies within us in spotting them due to our own prejudices.. Practicing 100% honesty to what we see is the only solution.
@ Satheesh,
Though I use those ema for calculating the levels, I also see 5, 14 day/ week High lows as well as price clusters and EW study.
Your learning curve is doing quite well.
@ Gautam Bajaj,
You got the present scenario quite well.. I will update them here for everyone's benefit.
@ Mynac, Thank you.
Good Morning All.
Learning EW: Thank u on L&T. ATB for Sesa...
What are you eyeing today ?
Keep Ashok Leyland and Spice Jet in mind.
Dear Mynac : (Ref Page 18,EcoTimes today)
"Punters shore up on Nifty futures for market Play" ...."Some Foreign funds are said to have bought sizeable chunk of Nifty futures in the last half an hour...."
Is above with ulterior motive/reason influencing the OI figs?
GM all respected illango sir and Blogmates
regards
Vikram
@saif
Hangseng etf will be traded the same time as we trade now ?
9-3:30?
Dow future will be good...I can sleep peace full now ...get up late...but its very difficult market to trade...very sideways....Rajagopal will love it though!!
= = = = = = = =
NEW POST DONE
= = = = = = = =
we have slow additions on 5100 calls and shedding on 5100 puts..cld be intraday positions ..need to monitor more
@Dear Babu,
Not only me but we all shall find it out.
@ Dear Rajagopal,
Thanks for the information.
anuj but exchange timing cant go beyond 5-30 as per sebi . so they will also trade in our exchange timing
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